Commodity Trade Finance: Its Implications To The Commodity Exchange Market

There is a significant relationship between commodity trade finance and the commodity exchange market. Some massive changes have recently occurred in the commodity exchange market. Some of these relate to the issuance of credit facilities as a form of funding of international business transactions. Similarly, the International Chamber of Commerce (ICC), which regulates regional and international market deals, has put great security measures to facilitate commodity trade finance

Mercantile commodity exchange, based in Chicago is one example of an exchange that has largely effected these changes. However, all other commodity trade exchanges in the world have benefited enormously from commodity trade finance.

Out of the top 10 major world commodities markets, five comes from the US. This can be attributed to the fact that majority of commodity trade finance is executed from the US. However, unlike the flourishing stock markets; no value is imposed in these commodity markets. This is largely due to the nature of transactions involved. That is, commodity trading is based on futuristic selling and buying of commodities, a thing that makes commodity trade finance be largely involved.

The commodity trade finance governing regulations affect the commodity market in many positive ways. For instance, sellers (exporters) of commodities get guarantee of their payment prior to the shipment of goods. This is facilitated by the buyer (importer) arranging for a line of credit from his bank that can be used to make the payment. Only banks legitimately allowed to carry out the function of commodity trade finance can issue such credit facilities.

Financing of transactions relating to goods with high demand across the globe is essentially important. Commodity trade finance makes this task to be easily achievable. For a larger extent, no business entity or company can be able to sufficiently produce and market products such as precious metals, agricultural products and oil products.

All these shows the significance of commodity trade finance to the execution of transactions taking place in the commodity market.

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